Check out this months Handloader Magazine. The Article title on the front cover "The .308 is GREAT!" that should say it all. After years of neglect sitting in my grandfathers attic I took my .308 out and cleaned it up. Shot it and it was a tack driver even after all the rusting and crusting. Now I'm having it completely reblued and I can't wait to see how accurate it is when I get it back. A great quote from Handloader... "The .308 is inharently accurate."Also, they did the balistics on a .308 and a 300 magnum and found that their fps were close to equil after about 150 yards. Yea I'd consider it a pre-magnum. That being said it is not a true magnum cartridge. The .308 has similarities of the short magnums but came about in a different time. But the problem with this logic is that the .308 (if memory serves me correctly) came out after the 1st true magnum cartridge. Perhaps we could call it the pre-father-wanna-be-of magnums. Nahhh I'll just call it what it is. Fun to shoot. Not punishing with little recoil. Damn accurate. Good enough to get the job done. etc...etc...etc...
As a side note I'm probably about to have my lunch eaten for this post.